Gold rose

Gold prices rise on recovery in stock markets and investor uncertainty in term of reducing the incentives Fed .

Most Asian stock markets rose on Monday due to the rise on Wall Street on Friday, good indicators of foreign trade of China and a weaker yen .

Markets were supported by published data output on the rising China's trade surplus , which was the highest in nearly five years. Exports grew by 12.7% compared to the same period last year, while imports - by 5.3%.

Also, as reported on Monday the National Bureau of Statistics, China's CPI in November rose by 3.0 % compared to the same period last year , after rising 3.2% in October.

Trade data and consumer prices in China in November indicated to improve the prospects of GDP growth , weakening fears that inflation hurts the second largest economy in the world .

Support for gold in the near future may give short-covering in connection with the Fed forecasts reduce the incentives in December.

From the beginning, gold fell by 27 percent due to the improvement of the U.S. economy and the transfer of funds to the equity markets .

Stocks of the world's largest exchange-traded fund backed by gold (ETF) SPDR Gold Trust on Friday fell 3 tons to 835.71 tons - the minimum volume since the beginning of 2009.

The cost of the December gold futures on the COMEX today rose to $ 1238.60 per ounce.